Awards for excellence – Malaysia

Best bank:

Maybank

Best equity house:

CIMB

Best debt house:

CIMB

Best M&A house:

CIMB

Consolidation in Malaysia’s banking sector is still at the forefront of bankers’ and politicians’ minds. The first round has finished but many expect another two to follow. The technocrats at Bank Negara, the central bank, are very astute and while politicians remain distracted by elections and jockeying for favourable positions, the central bank may forge ahead with its plans. Consolidation in a country such as Malaysia is always going to be disruptive and painful.